Florida Mortgage | Today’s Homebuyers Have More Negotiation Power | Recent inventory growth means you have more options and more negotiation power when you buy a home. Let’s connect if you’re ready to take advantage of the opportunities created by today’s housing market. NMLS ID 1834853 #floridahomebuyers #floridamortgage #homebuyers #homebuyertips
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.
Florida Mortgage | Equity is the Shining Star of the Housing Market | Today’s mortgage holders have more equity than ever before. Let’s connect to discuss how your equity can help you reach your homebuying goals. NMLS ID 1834853 #homeequity #floridarealestate #housingmarket2022
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening and at what scale. Let’s break down one of the big equity stories you may be seeing in the news, and what’s actually taking place. That way, you’ll have the context you need to understand the big picture.Headlines Focus on Short-Term Equity Numbers and Fail To Convey the Long-Term...